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TAL Education Group (NYSE:TAL) Shares Pass Above 200 Day Moving Average - What's Next?

TAL Education Group logo with Consumer Discretionary background
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Key Points

  • TAL briefly crossed above its 200-day moving average (200‑day MA $11.28), trading as high as $11.62 on Thursday but last reported at $11.1050 and was down about 3.1%.
  • Analyst coverage is mixed with a MarketBeat consensus of Hold and a $12.81 price target (one Buy, four Hold); recent moves include Zacks downgrading to Hold and Wall Street Zen upgrading to Buy.
  • Institutional interest is notable — institutions own about 37.79% of the stock, and several funds recently increased or initiated positions.
  • MarketBeat previews the top five stocks to own by June 1st.

TAL Education Group (NYSE:TAL - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.28 and traded as high as $11.62. TAL Education Group shares last traded at $11.1050, with a volume of 2,566,202 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TAL shares. Zacks Research lowered TAL Education Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 31st. Wall Street Zen raised TAL Education Group from a "hold" rating to a "buy" rating in a research report on Sunday, March 8th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of TAL Education Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $12.81.

Get Our Latest Analysis on TAL

TAL Education Group Trading Down 3.1%

The stock has a market capitalization of $6.76 billion, a P/E ratio of 23.14 and a beta of 0.15. The company has a 50-day moving average price of $11.23 and a 200 day moving average price of $11.28.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Aberdeen Group plc raised its position in shares of TAL Education Group by 13.1% in the 3rd quarter. Aberdeen Group plc now owns 351,142 shares of the company's stock worth $3,957,000 after acquiring an additional 40,623 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of TAL Education Group by 572.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company's stock worth $108,000 after acquiring an additional 8,229 shares in the last quarter. OPTIMAS CAPITAL Ltd acquired a new position in TAL Education Group during the 3rd quarter valued at about $1,040,000. Y Intercept Hong Kong Ltd increased its position in TAL Education Group by 747.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 149,606 shares of the company's stock valued at $1,676,000 after buying an additional 131,960 shares in the last quarter. Finally, Myriad Asset Management US LP acquired a new position in TAL Education Group during the 3rd quarter valued at about $396,000. 37.79% of the stock is owned by institutional investors.

TAL Education Group Company Profile

(Get Free Report)

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China's largest private education firms.

Further Reading

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